On Monday, Oscar Health received an upgrade to its Relative Strength (RS) Rating, from 76 to 84.
Looking For The Best Stocks To Buy And Watch? Start Here
IBD's unique RS Rating measures market leadership by using a 1 (worst) to 99 (best) score that indicates how a stock's price performance over the trailing 52 weeks matches up against the rest of the market.
Over 100 years of market history shows that the best stocks typically have an RS Rating north of 80 in the early stages of their moves.
Is Oscar Health Stock A Buy?
Oscar Health stock is trying to complete a cup without handle with a 22.78 buy point. See if insurance stock can break out in volume at least 40% above average.
The health insurance company showed 0% EPS growth in its most recent report, while sales growth came in at 29%.
Oscar Health stock earns the No. 1 rank among its peers in the Insurance-Accident & Healthcare industry group. Unum Group and Trupanion are also among the group's highest-rated stocks.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
